Morocco aerospace exports target 5B dollars
Morocco aims to boost annual aerospace exports to 5 billion dollars within three years by expanding into complex systems like engines and drones. Industry officials say major suppliers are scaling up operations in the country.
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Morocco expects aerospace exports to jump 67% to $5 billion within three years from $3 billion last year, industry group GIMAS said during the Marrakech Airshow. The expansion relies on attracting new suppliers to manufacture high-value parts and systems locally. Officials are positioning the North African manufacturing hub to capture growing demand from major global aircraft makers.
